• IMF Research Bulletin

Publisher:
International Monetary Fund
Publication date:
2008-07-07
ISBN:
1020-8313

Latest documents

Featured documents

  • The Quest for Stability in Housing Markets

    Recent developments in global house prices have led to seemingly contradictory concerns about both overheating and slow recovery, reflecting house price booms in some countries and declining prices in others. This note discusses developments in global housing markets since the Great Recession-...

  • Monetary Policy Cyclicality in Emerging Markets

    Does monetary policy help smooth or amplify economic cycles? In most advanced markets monetary policy helps smooth cycles. However, for emerging markets, procyclical monetary policy has been a problem, with macroeconomic policies amplifying economic upswings and deepening downturns. This article...

  • Q&A: Seven Questions on Financing for Development

    Now that the Third International Conference on Financing for Development (FfD) has concluded in Addis Ababa, Ethiopia, in July 2015, policymakers are getting ready for the next United Nations General Assembly in New York in September 2015, which should result in a global agreement on the post-2015...

  • Q&A: Seven Questions on Estimating the Monetary Transmission Mechanism in Low-Income Countries

    The use of conventional vector auto-regression (VAR)-based methods to identify the monetary transmission mechanism (MTM) in low income countries suggests the MTM may be weaker and less reliable than in advanced and emerging market economies. But are structural VARs identified via short-run...

  • Trade Finance and Its Role in the Great Trade Collapse

    The Great Recession stimulated research on many issues that had been overlooked previously in the profession. Trade finance is one of the best examples of these issues. Although trade finance has served as the primary driver of international transactions for centuries, it received its due attention ...

  • Q&A: Seven Questions about the Relationship between Country Finance and Governance

    Economists have studied the relationship between the quality of institutions and growth extensively (North 1990). In contrast, the relationship between the quality of institutions and financial flows has been studied less. Because low-income countries depend heavily on external financing flows and...

  • Q&A: Seven Questions on China-Africa Relations

    China has emerged as Sub-Saharan Africa’s (SSA) major trading partner and as an important lender in recent years. Sub-Saharan Africa enjoyed a trade surplus with China for more than a decade, but this has now turned to a deficit with the slump in commodity prices. China’s engagement with SSA goes...

  • Trade Integration and Business Cycle Synchronization

    Over the past two decades, trade integration has increased rapidly within the world economy and tight supply chain networks have been formed, particularly within Asia. Have these developments strengthened the propagation of shocks, and more broadly the synchronization of business cycles between...

  • Q&A: Seven Questions on Fintech

    The IMF recently published a paper on the potential effects of fintech on the financial sector and how regulation should adapt: "Fintech and Financial Services: Initial Considerations," co-authored by Dong He, Ross Leckow, Vikram Haksar, Tommaso Mancini-Griffoli, Nigel Jenkinson, Mikari...

  • Q&A: Seven Questions on Financial Interconnectedness